‘Responded well to shock’: IMF backs India’s economic resilience, sees 7% growth in FY27-28

The International Monetary Fund says India entered the energy shock with strong economic fundamentals and has responded well to the disruption. IMF Asia and Pacific Department Director Krishna Srinivasan explains why pressure on the rupee does not signal economic failure, as the Fund projects 7% growth for India in both FY2026-27 and FY2027-28. He also discusses the strong first-quarter performance, global oil prices and India’s revised GDP data methodology.#IMF #IndianEconomy #IndiaGDP #Rupee #EconomicGrowth #KrishnaSrinivasan #IMFOutlook #OilPrices #EnergyShock #GDPData #IndianRupee #GlobalEconomy